Riverstone, a developer and operator of retirement living in prime London locations, has announced the appointment of Jason Leek as chief executive officer.
Leek joins Riverstone from London Executive Offices, provider of central London luxury and event space, where he was CEO. He previously spent 13 years at Compass Group, the global food and support services firm, as managing director and head of global strategy and M&A, where he led the growth of a number of key business platforms.
Riverstone is majority-owned by Goldman Sachs and aims to become the UK’s pre-eminent retirement living operator. Riverstone is currently developing two major sites in London, in Fulham and Kensington, which are due for completion in late 2021 and early 2022 respectively.
Leek said: 'There has been a societal shift in the way that people want to live in retirement. This is leading to a huge increase in demand for premium senior living communities which provide best-in-class amenities and facilities for residents. I am looking forward to the challenge of leading Riverstone and working with our first-rate team to deliver an outstanding product that exceeds the needs of this growing market.'
Leek’s appointment follows the arrival of Simon Loveridge as chief financial officer in July. Prior to joining Riverstone, Loveridge was CFO and MD (Asia Pacific) of Global Student Accommodation Group where he funded and managed over £2 bn worth of assets.
Simon Loveridge, CFO of Riverstone, said: 'The appointment of Jason Leek is a real coup for our business. He has over 20 years’ experience in operational management and strategy and will bring a new dimension to our leadership team. He will be responsible for further strengthening our position as market leader within the retirement sector and driving forward our ambitious plans to create a portfolio of retirement living schemes across the capital.'
